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505 5th St

Lakeland, FL 33805

2 bd 1 ba 816 sqft Built 1950 Lot 8,712 sqft single_family
Most recent sale
$87,000
Aug 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 16, 2022 Price changed $214,990 MLS #T3400839
Sep 26, 2022 Price changed $224,990 MLS #T3400839
Sep 15, 2022 Listed $234,990 MLS #T3400839
Aug 6, 2021 Sold $87,000 MLS #L4923937
Jul 8, 2021 Listed $90,000 MLS #L4923937

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,173 $25,311 $133,484 $1,629
2024 $108,173 $25,311 $133,484 $1,693
2022 $20,611 $17,456 $38,067 $699
2020 $14,389 $10,037 $24,426 $466
2019 $12,572 $10,037 $22,609 $441
2018 $8,371 $9,601 $17,972 $353
2017 $7,709 $8,728 $16,437 $323
2016 $6,801 $8,728 $15,529 $310
2015 $14,252 $290
2014 $12,956 $254
2013 $9,042 $180
2012 $8,764 $175
2011 $11,765 $231
2010 $13,829 $275
2009 $22,732 $436
2008 $26,869 $510

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
816 sqft
Lot size
8,712 sqft
ZIP code
33805
City
Lakeland
Street
5th St
Coordinates
28.05889, -81.96162

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$522
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 5th St last sell?
505 5th St most recently sold on Aug 6, 2021 for $87,000.
What is the current tax assessment for 505 5th St?
The most recent total assessment for 505 5th St (year 2025) is $133,484 with $1,629 in property tax.
How does 505 5th St's assessment compare to its last sale price?
The current assessment is 53.4% above the last sale price of $87,000.
When was 505 5th St built?
505 5th St was built in 1950.
How does 505 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 505 5th St?
505 5th St is a 2 bed, 1 bath, 816 sqft, 8,712 sqft lot single_family.
Is 505 5th St a flip candidate?
No — 505 5th St does not appear in our flips dataset.
Is 505 5th St a tax-appeal candidate?
Yes — 505 5th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$328.6K
2026 Q4
$336.5K
ZIP 33805 — Median Price History + Forecast

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